The number of startups in India has increased steadily since the COVID-19 pandemic. This is a positive trend, but it raises two important questions: is it necessary to register a startup, and if so, should it be incorporated as a private limited company or a limited liability partnership (LLP)? Many new entrepreneurs see startup registration
In the corporate realm, adherence to meetings, schedules, and timelines is imperative; failure to comply may result in reprimands or job termination. The prospect of launching a startup holds greater appeal than following directives from a superior, attracting numerous young graduates towards entrepreneurship. As these aspiring entrepreneurs endeavour to seize control of the market, the
Leading a sustainable life and making India Clean and Green is the need of hour.Clean tech startups are companies that develop and offer innovative solutions to environmental problems. These startups focus on creating sustainable technologies that reduce the impact of human activities on the environment. Some of the top clean tech startups in India include
Section 56(2)(viib) pertains to the taxation of consideration received for the issuance of shares when the total consideration surpasses the fair market value of the shares. Previously, this section applied exclusively when the consideration came from a resident individual. However, the Finance Act of 2023 made changes to Section 56(2)(viib) by removing the phrase “being
Green Frontier Capital, a US-based venture capital fund specializing in climate tech startups in India, is confident that these innovative companies will significantly enhance sustainability not only in India but globally. Encouraged by the potential of Indian climate tech startups, the firm plans to intensify its efforts in the country by establishing a dedicated fund
Smt. Nirmala Sitharaman, Union Minister for Finance & Corporate Affairs, chaired the 52nd GST Council meeting in New Delhi today. The meeting was attended by Union Minister of State for Finance Shri Pankaj Chaudhary, Chief Ministers of Goa and Meghalaya holding the finance portfolio, as well as Finance Ministers of States & UTs (with legislature)
The government on Tuesday said it will provide a grant-in-aid of up to Rs 50 lakh for startups and individuals to promote innovation in the niche technical textiles segment. “The Startup Guidelines for Technical Textiles – Grant for Research and Entrepreneurship across Aspiring Innovators in Technical Textiles (GREAT) providing grant-in-aid of up to Rs 50
